Probabilistic interpretation of the present value of cash flow
The question of assessing the current value of the flow of future earnings in the scientific literature worked out very carefully. A key factor in assessing a discounted rate, usually defined as the weighted average cost of capital invested. However, it is possible different perspective on the relat...
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Format: | Article |
Language: | English |
Published: |
Peoples’ Friendship University of Russia (RUDN University)
2011-06-01
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Series: | RUDN Journal of Economics |
Subjects: | |
Online Access: | http://journals.rudn.ru/economics/article/view/11876 |